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VICI Properties completed the acquisition of a 49.9% stake in MGM Grand Las Vegas and Mandalay from BREIT for $2.75bn.

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Service Providers

Barclays

financial advisors

Barclays

PJT Partners

financial advisors

PJT Partners

Simpson Thacher & Bartlett

legal advisors

Simpson Thacher & Bartlett

Morgan Stanley

financial advisors

Morgan Stanley

Hogan Lovells

legal advisors

Hogan Lovells

or

Principals

MGM GRAND LAS VEGAS

target

MGM GRAND LAS VEGAS

MANDALAY BAY RESORTS

target

MANDALAY BAY RESORTS

BLACKSTONE REAL ESTATE INCOME TRUST

vendor

BLACKSTONE REAL ESTATE INCOME TRUST

BLACKSTONE GROUP INC

vendor

BLACKSTONE GROUP INC

VICI PROPERTIES INC

bidder

VICI PROPERTIES INC

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MergerLinks - Request Credit - VICI Properties completed the acquisition of a 49.9% stake in MGM Grand Las Vegas and Mandalay from BREIT for $2.75bn.